Given the following total-revenue function_TR=9Q-Q2Derive the total-revenue, average revenue, and marginal revenue schedules from Q=0 to Q=4 by 1s.Average revenue(AR)=total revenue(TR)/QMarginal revenue(MR)=change in total revenue/change in QMR74
Given the following totalrevenue function_TR=9QQ2Derive the totalrevenue, average revenue, and marginal revenue schedules from Q=0 to Q=4 by 1s.Answer:AR = TR/Q = 9QMR = dTR/dQ =…
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